4 ms·

I really want to use Stripe but it would be great if they had a more favorable pricing structure for microtransactions. Paypal, for example, will charge 5%+$0.0

I really want to use Stripe but it would be great if they had a more favorable pricing structure for microtransactions. Paypal, for example, will charge 5%+$0.05 or 2.9%+$0.30 (whichever is lowest) for digital goods transactions.

RafiqM 13y ago
They have a workaround here: https://support.stripe.com/questions/does-stripe-support-microtransactions-and-will-my-fees-be-the-same https://support.stripe.com/questions/does-stripe-support-mic... It mightn't suit your use case though.
- giulianob 13y ago
  Won't work since it's many customers.
bunkerbewohner 13y ago
This. You basically have to use PayPal or Amazon Payments when you're dealing with microtransactions if you don't want to lose up to 40% just in processing fees. The workarounds with bundling transactions don't really work for my use case.
- tomasien 13y ago
  Incorrect! You can now use Knoxpayments.com and micro-transactions are free - enjoy!
  - objclxt 13y ago
    Yeah, no. Does that site support credit/debit card transactions? Nope. ACH / bank transfer payments are a non-starter for many people and sites, and conversion rates are much lower. I'm pretty sure the OP was referring to credit/debit transactions...
    - tomasien 13y ago
      Just saying there's an option - and we've made ACH way better (I should have disclosed up front in the original post that I'm a founder) and increase conversions above and beyond CC's. It's also safer - nobody ever gets your info, it stays with your bank where it belongs. It's something to consider. I think Knox with a fallback to Amazon Payments is a great stack for Micro if you want my opinion.
  - bunkerbewohner 13y ago
    Looks pretty good. Except I assume it's only for US customers? We're based in Germany, where bank payments are more common than credit cards (because only relatively few people actually have credit cards).
    - thesimon 13y ago
      https://www.paymill.com/de-de/pricing/ https://www.paymill.com/de-de/pricing/
      - bunkerbewohner 13y ago
        Too bad they don't allow crowdfunding.
    - tomasien 13y ago
      Just us but can't wait to be in Germany!

RafiqM 13y ago

They have a workaround here: https://support.stripe.com/questions/does-stripe-support-microtransactions-and-will-my-fees-be-the-same https://support.stripe.com/questions/does-stripe-support-mic... It mightn't suit your use case though.

giulianob 13y ago
Won't work since it's many customers.

bunkerbewohner 13y ago

This. You basically have to use PayPal or Amazon Payments when you're dealing with microtransactions if you don't want to lose up to 40% just in processing fees. The workarounds with bundling transactions don't really work for my use case.

tomasien 13y ago
Incorrect! You can now use Knoxpayments.com and micro-transactions are free - enjoy!
- objclxt 13y ago
  Yeah, no. Does that site support credit/debit card transactions? Nope. ACH / bank transfer payments are a non-starter for many people and sites, and conversion rates are much lower. I'm pretty sure the OP was referring to credit/debit transactions...
  - tomasien 13y ago
    Just saying there's an option - and we've made ACH way better (I should have disclosed up front in the original post that I'm a founder) and increase conversions above and beyond CC's. It's also safer - nobody ever gets your info, it stays with your bank where it belongs. It's something to consider. I think Knox with a fallback to Amazon Payments is a great stack for Micro if you want my opinion.
- bunkerbewohner 13y ago
  Looks pretty good. Except I assume it's only for US customers? We're based in Germany, where bank payments are more common than credit cards (because only relatively few people actually have credit cards).
  - thesimon 13y ago
    https://www.paymill.com/de-de/pricing/ https://www.paymill.com/de-de/pricing/
    - bunkerbewohner 13y ago
      Too bad they don't allow crowdfunding.
  - tomasien 13y ago
    Just us but can't wait to be in Germany!